Get started

Rectanglepatterns

Clean setup, Good returnsExtremely clean setup, Breaking the rectangular pattern. Atul Auto went highly bullish , 55% up after braking the consolidation range. This one I hold in my portfolio. Only regret I have is why didnt I add more. Gap is perfect, Weekly resistance level broke with good volume , Breakout came with good volume . Sustaining the breakout with volume , Broke 200 DMA weekly with a gap. What more do you need for entry in this? Accumulation should start for targets of 335, 375, 410 levels.
NSE:ATULAUTO
by RavRutvik
Hang Seng Tech Index: Rectangle May Hint at Trend ResumptionThe Hang Seng Tech Index appears to be carving out a Rectangle chart pattern on the 4-hour setting. The ceiling seems to be at 4883 with the floor at 4300. Breaking above could open the door to extending the mid-March bounce, but that would place the focus on a long-term falling trendline from February 2021. The latter may reorient the index lower. On the other hand, clearing the trendline could open the door to a material change in trend. Breaking under the rectangle exposes the 23.6% Fibonacci retracement at 4044 before the March low comes into play at 3463. HSI:HSTECH
HSI:HSTECH
by QM_Dubrovsky
CHFJPY RANGE. A possible move down to the daily support.The price has been trapped within this range since December last year. This last week, the price gave a fake break out of the resistance, then closed the week back within the range (forming a weekly pinbar). Within this upcoming week I can expect to see the price drop further down to the support once again around 166.305. Before I take entry on this pair, I'll wait for the price to once again retest and reject the range resistance at 117.613. If the price will give a daily rejection of that level, then I'll be interested in taking a short trade back to that support at 166.305.
by Francisbluepipsfx